Paul Burkhardt

1 week ago | financialpost.com | Paul Burkhardt

Advertisement 1Middle East countries have shown interest in or completed deals for at least $6 billion of African energy assets in recent weeks, demonstrating a larger investment appetite on the continent by the region. Article content(Bloomberg) — Middle East countries have shown interest in or completed deals for at least $6 billion of African energy assets in recent weeks, demonstrating a larger investment appetite on the continent by the region.

1 week ago | bloomberg.com | Paul Burkhardt

(Bloomberg) -- Middle East countries have shown interest in or completed deals for at least $6 billion of African energy assets in recent weeks, demonstrating a larger investment appetite on the continent by the region. Abu Dhabi National Oil Co. is among companies shortlisted to buy Shell Plc’s downstream assets in South Africa valued at about $1 billion, people familiar with the deal said last month.

2 weeks ago | bloomberg.com | Paul Burkhardt

African Export-Import Bank Chairman Benedict Oramah. (Bloomberg) -- The African Export-Import Bank launched a petroleum product financing program to help fund the trade of up to $14 billion of fuel produced on the continent. The $3 billion facility “seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area,” the bank said in a statement on Monday.

3 weeks ago | financialpost.com | Paul Burkhardt

Article content(Bloomberg) — The next wave of power project deals in Africa face a “reset” to better account for risks, including political unrest and damage from climate change, as the continent looks to add significant generation capacity, according to developer Globeleq Inc.‘s chief executive officer. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.

3 weeks ago | bloomberg.com | Paul Burkhardt

(Bloomberg) -- The next wave of power project deals in Africa face a “reset” to better account for risks, including political unrest and damage from climate change, as the continent looks to add significant generation capacity, according to developer Globeleq’s chief executive officer. The industry is set to reevaluate how it structures new projects and prices equity, Jonathan Hoffman, who was appointed to the top company post last month, said in an interview at his Cape Town office.